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Simple English definitions for legal terms

iron-safe clause

Read a random definition: chance-medley

A quick definition of iron-safe clause:

An iron-safe clause is a rule in a fire-insurance policy that says the person who owns the business must keep their important papers and records in a safe that can't be damaged by fire. This is to make sure that if there is a fire, the important information is protected and can still be used to help the business.

A more thorough explanation:

An iron-safe clause is a provision in a fire-insurance policy that requires the insured to keep their business's books and inventory records in a fireproof safe. This clause is important because it helps to protect important documents from being destroyed in the event of a fire.

For example, let's say that a business owner has a fire-insurance policy that includes an iron-safe clause. The owner must keep their books and inventory records in a fireproof safe to be covered by the policy. If a fire were to occur and the owner did not have their documents stored in a fireproof safe, the insurance company may not cover the loss.

Another example could be a homeowner's insurance policy that includes an iron-safe clause. The homeowner must keep important documents, such as their mortgage papers and insurance policies, in a fireproof safe to be covered in the event of a fire.

These examples illustrate how an iron-safe clause is an important provision in insurance policies that helps to protect important documents from being destroyed in a fire.

ire ad largum | IRR

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ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
soapy
8:48
UMN under review! As predicted, decisions are gonna come out early December
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